Man GLG has merged the Sanlam Strategic Bond fund into its Dublin-domiciled Man GLG Strategic Bond vehicle, following the acquisition of Sanlam's strategic bond team last year.
Man GLG acquired Sanlam FOUR's strategic bond business in September 2018 as part of an agreement to hire lead portfolio manager Craig Veysey and deputy portfolio manager Francois Kotze. The group gained approval for the fund merger last month, with the portfolio now becoming the Man GLG Strategic Bond fund, which was an existing Dublin-based strategy. The fund now has assets of nearly £428m as of 30 September 2019. Strategic bond funds reduce risk in 2019 The strategic bond strategy is focused on investing in attractively valued corporate and government bond opportunities across t...
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